Roland Brunner Real Estate

The GTA condo market showed clearer signs of cyclical recovery in May as new condo listings fell for a ninth consecutive month, including a 24% annual drop, helping bring inventory down from its peak.

Entry-level affordability continued to support buyer activity, while Urbanation noted that falling completions from the 2024–2025 record high are expected to further improve condo supply metrics through the remainder of 2026 and help support price stability.

Want to understand where condo opportunities may be emerging? Let’s review your options.

GTA supply conditions tightened in May as new listings fell 19% year-over-year to 17,698 homes, while sales continued to rise, pushing the sales-to-new listings ratio up to 37% from 28% a year ago.

This shift is gradually reducing inventory and rebalancing the market, although Urbanation notes that activity remains quieter than a typical spring market and supply is still elevated relative to long-term norms.

Wondering what changing supply conditions mean for your next move? Let’s talk strategy.

The people within it often shape the meaning of a home.

The lessons shared, the traditions created, and the support offered through every stage of life are the moments that turn a house into something more.

This Father's Day, recognition is given to the fathers and father figures whose influence continues to be felt.

Happy Father's Day.

The Bank of Canada has held its overnight lending rate at 2.25% as of June 10, 2026.

For buyers, sellers, and homeowners, the latest announcement signals continued stability in borrowing conditions, but not without uncertainty.

Inflation remains elevated, economic momentum has softened, and trade-related pressures continue to shape the Bank’s outlook.

For the real estate market, this creates a “wait-and-see” environment where strategy matters.

Buyers may have more clarity around financing expectations, while sellers continue to benefit from thoughtful pricing, strong presentation, and a clear understanding of current demand.

Staying informed is key as the next rate decision approach.

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